Senior Investment Manager
Life Care Services
- Des Moines, IA
- $115,000-140,000 per year
- Permanent
- Full-time
- Actively involved in sourcing and expanding access to investment opportunity flow, by leveraging existing contacts and selectively building new networks and referral sources.
- Cultivates and manages relationships with current and prospective partners, brokers, attorneys, consultants, and other industry contacts.
- Manages resource of supporting internal teams in prioritizing and managing investment opportunity flow given LCS Real Estate investment strategy and external market factors.
- Models and evaluates risks and returns for investment opportunities.
- Leads financial analysis of potential new investments and participates in upfront structuring discussions and transaction strategic rationale.
- Works closely with senior members of Investments Team and other internal and external parties to support a fast-paced, deadline-driven pipeline of acquisition opportunities.
- Performs financial modeling and valuation analysis. Prepares models and analyses for various structures, including joint ventures/partnership structures.
- Reviews and assesses investment risks.
- Interacts with brokers, sellers, and investment bankers to accurately understand and determine transaction assumptions, facts, and risks necessary to properly evaluate an opportunity.
- Prepares Investment Memorandums and Investment Committee presentations.
- Leads the due diligence effort for new acquisitions including working closely with attorneys, internal operations leadership, community level staff, and capital partners.
- Interacts with in-house and outside legal counsel, internal subject matter experts, tax experts, brokers and investment bankers.
- Consults and troubleshoots in the on-boarding of new communities.
- Presents investments for approval to LCS Investment Committee.
- Ensures investment opportunities meet standards established by the Investment Committee and Board of Managers and that investment processes and requisite approvals are obtained.
- Leads the capitalization process including negotiating terms of joint venture agreements, management agreements, and development agreements as applicable.
- Possesses a firm understanding of organizational structures employed in health care transactions and unique risks to health care transactions.
- Collaborates with the Asset and Performance Management team to successfully transition investments after acquisition.
- Provides periodic reporting on the status of the investment pipeline (Investment Tracker, Pipeline Report, Investment Database, and Radar Report).
- Benchmarks transactions and their ultimate performance against other transactions in the industry.
- Monitors industry news and transactions to understand market trends and strategies of competitors.
- Works closely with senior members of LCS Real Estate team in crafting investment strategy that aligns with market conditions and LCS corporate initiatives.
- Leads special projects and strategic initiatives that align with LCS Real Estate strategy
- Strong knowledge and relevant experience in reviewing and interpreting investment legal documents, including but not limited to operating agreements, leases, development and management agreements.
- Proven ability to evaluate and understand investment risk and possess the independent decision-making capability to make informed recommendations as to well-reasoned courses of action.
- Strong quantitative skills, as well as highly developed written and oral communication skills.
- Confident self-starter and quick learner who requires minimal supervision, is comfortable with ambiguity, and is adaptable.
- Essential to be able to manage multiple projects simultaneously and redirect priorities when needed.
- Ability and willingness to work evenings and weekends as necessary.
- Proficiency with Microsoft Office, specifically Excel, Word, and PowerPoint.